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Crypto DeFi

Ankr Ethereum bridge exploited for ~$292K via Optimism deposits

An attacker allegedly triggered five withdrawals from Ankr’s Ethereum cross-chain bridge by making small deposits on Optimism, moving roughly $292,000 in assets out of the bridge. Onchain Lens flagged the activity, which points to a bridge exploit rather than a market event. The incident adds to a long list of cross-chain bridge security failures.

Original source

AI take

The size is modest, but the pattern is the familiar one: bridge security remains a structural weak point in cross-chain infrastructure, and the mechanism here — small deposits on one chain triggering outsized withdrawals on another — points to validation or accounting logic rather than a market shock. The direct impact falls on Ankr's bridge users and on the credibility of its cross-chain product, while the broader read is that bridge risk keeps compounding as a category. Whether this turns out to be an isolated flaw or part of a wider pattern in Ankr's bridge design is the open question worth tracking.

Generated by AI for reference only.

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